In a surprising move Moody’s downgraded India’s sovereign rating to Baa3 from Baa2, citing worsening fiscal situation and major challenges to growth in the coming quarters. Baa3 is the lowest investment grade and is just one notch above Junk Read more [...]

The trigger came after reports of Carlyle Group taking a stake in Axis Bank worth $1 billion changed the sentiments surrounding banks. Banks also benefited from the expectation that the lifting of the lockdown should result in better credit off-take and Read more [...]

Monetary push is unlikely to be really effective in these markets On 22 May, the RBI once again had an early meeting of the Monetary Policy Committee (MPC). The stance clearly was dovish but the million dollar query is whether these measures can help? Another Read more [...]

How Bharti Airtel is winning the ARPU game against Reliance Jio The telecom voice and data business is all about the average revenue per user (ARPU). The future belongs to telecom players that can maximize ARPU without compromising on growth. How Bharti Read more [...]

How soon can Jio Platforms help RIL become zero net-debt? During the week, Reliance sold the fifth tranche stake in Jio Platforms to KKR for a consideration of Rs.11,367 crore. The 2.32% stake was sold at valuations similar to Silver Lakes. Where does Read more [...]

SEBI has allowed the process to subscribe to the rights issue of Reliance Industries to be slightly modified during the lockdown period. The Registrar and Transfer Agent (RTA) of Reliance Industries Limited will check the eligible shareholders who hold Read more [...]